P&ID	Piping and instrumentation diagram associated with the asset. In APM, P&IDs are included with standard documents and can be added to assets and safety provisions for reference.

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Title

The name or short description of this item. You can enter up to 250 characters.

Age	The current age of the asset.

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Calculated on

The date on which the asset age was calculated.

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Expected remaining life

The expected remaining life of the asset.

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Expected Replacement Date

The date that you expect to need to replace this asset.

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In-service Date

The date that this asset was first put into service.

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Spare part information

You can select whether or not to link this component or maintainable asset to a resource or to a serialized resource (if you are using the repairable spares or tools features). • None: This asset is not a spare part and is not linked to an inventory resource. • Spare part: The asset is linked to a non-serialized resource. Maintainable assets can be linked to tool resources. Components can be linked to material resources. • Serialized spare part: This asset is linked to a specific serialized inventory resource unit. Maintainable assets can be linked to serialized tool resources. Components can be linked to serialized (repairable spare) material resources. If you select this option, you must also select the specific unit to link to the asset. The status of the asset and the unit must match or you will not be able to link them.

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Resource number

The resource number for this asset. You can identify a resource number for maintainable, system, and sub system assets, components, and component locations.

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Unit	The serialized resource unit to which the asset is linked. The status of the asset and the unit must match or you will not be able to link them.

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Default holding area

The asset that is the default holding area for this part of the asset hierarchy. The holding area asset is the default parent asset for components that are removed from a location. The holding area asset must have the asset group classification. If you do not select an asset here, the system will use either the default holding area for a parent asset (if one exists), or the site’s holding area (spares parent) as the default parent.

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Hierarchy location

A hierarchy location is a string of letters and numbers that identifies where the asset is in the physical hierarchy. APM constructs a full hierarchy location using the code that you enter in the Hierarchy code box joined with the hierarchy codes for its parent/ancestors. The codes are separated by a period (.). Hierarchy locations are updated whenever the asset or one of its ancestors is moved within the hierarchy (or if a hierarchy code changes).

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Parallel Component Location

This box indicates whether or not this location is a parallel component location. A parallel component location is one of two component locations that refer to the same physical place. One of the two locations, called the outer location, is the child of a component location on the physical hierarchy. The other location, called the inner location, is the child of a component. The component can be installed in the component location that is the parent of the parallel component location. The two locations are necessary to ensure that the component's structure matches the component location's structure.

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Match Code

The match code used to identify the inner component locations that match the outer component locations on an assembly.

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Description

The description of the item. You can use this box to include any additional details.

Process

Description of the process taking place in the asset, for example, a degradation-focussed summary of the movement of fluid through a corrosion loop.

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Degradation

Description of the potential degradation mechanism in the asset or corrosion loop.

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